credit rating

noun

: a score or grade that a company or organization gives to a possible borrower and that indicates how likely the borrower is to repay a loan

Credit ratings are based on how much money, property, and debt a borrower has and on how well the borrower has paid past debts.

Examples of credit rating in a Sentence

Recent Examples on the Web

The messy showdown eventually resulted in a debt limit suspension along with a deal for caps on annual federal spending — but not without a credit downgrade from one of the major credit rating agencies. —Aris Folley, The Hill, 19 Dec. 2024

In addition to this initiative, a new state law prohibits medical providers and hospitals in Connecticut from reporting medical debt to credit rating agencies for use in credit reports. —Staff Report, Hartford Courant, 16 Dec. 2024

At a moment when Xi is positioning China as protector of globalization in the Trump 2.0 era, India fending off questions about murky corporate governance practices and credit rating companies demanding answers is quite the split-screen. —William Pesek, Forbes, 25 Nov. 2024

Fitch, Moody’s and other credit rating agencies also review annuity companies. —Liz Knueven, CNBC, 13 Dec. 2024